Welcome to this fantastic investment opportunity nestled at the end of a tranquil dead-end street. This 4-unit rental property boasts an extremely appealing location, as it is also a very short stroll from a recently constructed primary to grade 8 school. This extremely well taken care of rental property has seen many recent updates such as new furnace less than a year ago, roof 4 years, and fiberglass oil tank to name a few. For those seeking an investment that combines location, design, and potential to ADD even MORE VALUE with the space currently being used as the property owners storage, this rental property stands as a compelling choice. Contact us today to learn more about this incredible opportunity.
Listing Sub-Area:
106-New Glasgow, Stellarton
Property Type:
Multi-Family
Multi-Family Type:
Fourplex
Title To Land:
Freehold
Building Dimenions:
58x30
Lot Size:
10,001.376 sq. ft.929.158 m2
Prop Size:
Under 0.5 Acres
# of Rental Units / Occupied:
4
Year built:
1970
(Age: 53)
Age:
53
# Floors:
2
Exterior Finish:
Wood Siding
Foundation:
Concrete
Basement:
Full, Walkout
Floor Finish:
Laminate, Tile
Roof:
Asphalt Shingle
Heating:
Baseboard, Forced Air, Furnace
Fuel:
Electric, Oil, Propane
Parking:
Yes
Parking Description:
Gravel
Driveway:
Gravel
Water Supply:
Municipal
Water And Sewage:
2500
Sewer:
Municipal
Num Units:
4
Num 1 Bed Units:
2
Num 2 Bed Units:
1
Num 3 Bed Units:
1
# Of Fridges:
4
# Of Stoves:
4
Rental Income:
Yes, 41520
Approx. Net Income:
$26,185
Taxes Costs:
2435
Heating Bill:
5500
Electricity Bill:
4900
Approx. Total Expense:
15335
Approx. Total Income:
41520
Park, Playground, Public Transit, Recreation Center, Shopping, Marina, Place of Worship
Data was last updated June 9, 2023 at 09:20 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$256,950
Min list price:
$89,900
Max list price:
$1,600,000
Avg days on market:
72
Min days on market:
3
Max days on market:
375
These statistics are generated based on the current listing's property type
and located in
106-New Glasgow, Stellarton. Average values are
derived using median calculations.